"In response to the rumors circulating about my interest in other jobs, I wanted to address this as quickly as possible. I am committed to the University of Florida and look forward to continuing to build our program here," Donovan said in a statement.

A source close to the University of Kentucky athletic program told FOX 35 Sports on Friday that an agreement, in principle, had been reached between Donovan and Kentucky to be the school's next basketball coach.

Hey, just trying to stay fair and balanced. In a press conference today, University of Kentucky athletic director Mitch Barnhart said that he did not plan to pay Gillispie a $6 million buyout, because it was part of a contract that was never formally signed.